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3 Jun 2014 11:00
32Red Plc("the Company")
Issue of Equity
The Company announces today that it has issued 1,724,490 new ordinary shares of 0.2p each to satisfy awards made on 3 June 2011 under the Company's approved Long Term Incentive Plan (LTIP). The following directors were included under the award:-
Director | Shares awarded under LTIP | Beneficial interest after award | % holding |
Edward Ware | 673,462 | 18,697,362 | 25.4% |
Jonathan Hale | 296,125 | 1,429,458 | 1.9% |
Patrick Harrison | 296,125 | 846,125 | 1.1% |
Application has been made for 1,724,490 ordinary shares of 0.2p each to be admitted to trading on AIM. The New Shares will rank pari passu in all respects with the existing shares in issue and dealings in the New Shares are expected to commence on 9 June 2014. Following the admission of these shares to trading on AIM, a total of 73,680,056 ordinary shares are in issue.
3 June 2014
Enquiries:
32Red Plc | Tel: 00 350 200 49396 |
Ed Ware, CEO | |
Jon Hale, Finance Director | |
Numis Securities Limited | Tel: +44 (0) 20 7260 1000 |
Chris Wilkinson (Corporate Broking) | |
Michael Meade (Nominated Adviser) | |
Instinctif Partners | Tel: + 44 (0) 20 7457 2020 |
Mark Reed | |
Jamie Ramsay |
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